The global market for Actuator was valued at US$ 5219 million in the year 2024 and is projected to reach a revised size of US$ 6491 million by 2031, growing at a CAGR of 3.2% during the forecast period.
An is defined as a mechanical device that moves or controls a device such as a control valve. Actuators reduce the need for operators to go to every valve that needs repositioning and operate the valve by hand.
The actuators market encompasses a wide range of devices used in various industries to convert control signals into mechanical motion. This motion can be linear or rotary, and actuators are pivotal in automating processes and controlling machinery. The market for actuators is driven by the growing demand for automation and the need for precision and efficiency in industrial applications. The global actuators market is substantial and has been experiencing consistent growth. Factors contributing to this growth include the expansion of the manufacturing sector, the rise of smart factories and Industry 4.0, and the increasing adoption of automation in various industries. The market is expected to continue growing at a moderate to high rate over the forecast period. Actuators are used in a diverse range of applications, including industrial automation, automotive, aerospace, healthcare, robotics, and more. The trend towards automation in manufacturing and other industries is a major driver for the actuators market. Advances in materials, design, and control systems are improving the performance of actuators, making them more attractive to end-users. Regulations that require higher efficiency and reduced emissions are pushing the adoption of advanced actuator technologies. The development of smart actuators that can provide feedback and adapt to changing conditions is a significant opportunity. Actuators are finding new applications in emerging fields such as renewable energy, robotics, and autonomous systems. Global market expansion provides opportunities for companies to sell their products in new regions. There is a trend towards developing smaller and more efficient actuators for use in compact and portable devices. Actuators are increasingly being integrated with IoT platforms to enable remote monitoring and control. There is a growing emphasis on developing actuators that are more sustainable and environmentally friendly. The actuators market is dynamic, with opportunities for innovation and growth in various segments. Companies in this market need to stay abreast of technological advancements and evolving industry needs to remain competitive.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Actuator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Actuator.
The Actuator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Actuator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Actuator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Emerson
Rotork
Auma
Flowserve
ABB
Schumberger
Festo
Chuanyi Automation
BERNARD
Valmet
Nihon Koso
Air Torque
Fahlke
Changzhou Power Station Auxiliary Equipment
Tefulong
Hengchun
HKC
Schiebel
SAIC
ProControl
Servovalve
Bonomi Industries
Raga
Soupaishi Automation Technology
OMAL
Itork
Koei Industry
Mecanica Prisma
Tomoe
by Type
Pneumatic Actuators
Hydraulic Actuators
Electric Actuators
by Application
Oil & Gas
General Industries
Power
Water
Production by Region
North America
Europe
China
Japan
India
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Actuator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Actuator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Actuator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Actuator Market Overview
1.1 Product Definition
1.2 Actuator by Type
1.2.1 Global Actuator Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Pneumatic Actuators
1.2.3 Hydraulic Actuators
1.2.4 Electric Actuators
1.3 Actuator by Application
1.3.1 Global Actuator Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Oil & Gas
1.3.3 General Industries
1.3.4 Power
1.3.5 Water
1.4 Global Market Growth Prospects
1.4.1 Global Actuator Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Actuator Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Actuator Production Estimates and Forecasts (2020-2031)
1.4.4 Global Actuator Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Actuator Production Market Share by Manufacturers (2020-2025)
2.2 Global Actuator Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Actuator, Industry Ranking, 2023 VS 2024
2.4 Global Actuator Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Actuator Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Actuator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Actuator, Product Offered and Application
2.8 Global Key Manufacturers of Actuator, Date of Enter into This Industry
2.9 Actuator Market Competitive Situation and Trends
2.9.1 Actuator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Actuator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Actuator Production by Region
3.1 Global Actuator Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Actuator Production Value by Region (2020-2031)
3.2.1 Global Actuator Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Actuator by Region (2026-2031)
3.3 Global Actuator Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Actuator Production Volume by Region (2020-2031)
3.4.1 Global Actuator Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Actuator by Region (2026-2031)
3.5 Global Actuator Market Price Analysis by Region (2020-2025)
3.6 Global Actuator Production and Value, Year-over-Year Growth
3.6.1 North America Actuator Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Actuator Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Actuator Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Actuator Production Value Estimates and Forecasts (2020-2031)
3.6.5 India Actuator Production Value Estimates and Forecasts (2020-2031)
3.6.6 Southeast Asia Actuator Production Value Estimates and Forecasts (2020-2031)
4 Actuator Consumption by Region
4.1 Global Actuator Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Actuator Consumption by Region (2020-2031)
4.2.1 Global Actuator Consumption by Region (2020-2025)
4.2.2 Global Actuator Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Actuator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Actuator Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Actuator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Actuator Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Actuator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Actuator Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Actuator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Actuator Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Actuator Production by Type (2020-2031)
5.1.1 Global Actuator Production by Type (2020-2025)
5.1.2 Global Actuator Production by Type (2026-2031)
5.1.3 Global Actuator Production Market Share by Type (2020-2031)
5.2 Global Actuator Production Value by Type (2020-2031)
5.2.1 Global Actuator Production Value by Type (2020-2025)
5.2.2 Global Actuator Production Value by Type (2026-2031)
5.2.3 Global Actuator Production Value Market Share by Type (2020-2031)
5.3 Global Actuator Price by Type (2020-2031)
6 Segment by Application
6.1 Global Actuator Production by Application (2020-2031)
6.1.1 Global Actuator Production by Application (2020-2025)
6.1.2 Global Actuator Production by Application (2026-2031)
6.1.3 Global Actuator Production Market Share by Application (2020-2031)
6.2 Global Actuator Production Value by Application (2020-2031)
6.2.1 Global Actuator Production Value by Application (2020-2025)
6.2.2 Global Actuator Production Value by Application (2026-2031)
6.2.3 Global Actuator Production Value Market Share by Application (2020-2031)
6.3 Global Actuator Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Emerson
7.1.1 Emerson Actuator Company Information
7.1.2 Emerson Actuator Product Portfolio
7.1.3 Emerson Actuator Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Emerson Main Business and Markets Served
7.1.5 Emerson Recent Developments/Updates
7.2 Rotork
7.2.1 Rotork Actuator Company Information
7.2.2 Rotork Actuator Product Portfolio
7.2.3 Rotork Actuator Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Rotork Main Business and Markets Served
7.2.5 Rotork Recent Developments/Updates
7.3 Auma
7.3.1 Auma Actuator Company Information
7.3.2 Auma Actuator Product Portfolio
7.3.3 Auma Actuator Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Auma Main Business and Markets Served
7.3.5 Auma Recent Developments/Updates
7.4 Flowserve
7.4.1 Flowserve Actuator Company Information
7.4.2 Flowserve Actuator Product Portfolio
7.4.3 Flowserve Actuator Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Flowserve Main Business and Markets Served
7.4.5 Flowserve Recent Developments/Updates
7.5 ABB
7.5.1 ABB Actuator Company Information
7.5.2 ABB Actuator Product Portfolio
7.5.3 ABB Actuator Production, Value, Price and Gross Margin (2020-2025)
7.5.4 ABB Main Business and Markets Served
7.5.5 ABB Recent Developments/Updates
7.6 Schumberger
7.6.1 Schumberger Actuator Company Information
7.6.2 Schumberger Actuator Product Portfolio
7.6.3 Schumberger Actuator Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Schumberger Main Business and Markets Served
7.6.5 Schumberger Recent Developments/Updates
7.7 Festo
7.7.1 Festo Actuator Company Information
7.7.2 Festo Actuator Product Portfolio
7.7.3 Festo Actuator Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Festo Main Business and Markets Served
7.7.5 Festo Recent Developments/Updates
7.8 Chuanyi Automation
7.8.1 Chuanyi Automation Actuator Company Information
7.8.2 Chuanyi Automation Actuator Product Portfolio
7.8.3 Chuanyi Automation Actuator Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Chuanyi Automation Main Business and Markets Served
7.8.5 Chuanyi Automation Recent Developments/Updates
7.9 BERNARD
7.9.1 BERNARD Actuator Company Information
7.9.2 BERNARD Actuator Product Portfolio
7.9.3 BERNARD Actuator Production, Value, Price and Gross Margin (2020-2025)
7.9.4 BERNARD Main Business and Markets Served
7.9.5 BERNARD Recent Developments/Updates
7.10 Valmet
7.10.1 Valmet Actuator Company Information
7.10.2 Valmet Actuator Product Portfolio
7.10.3 Valmet Actuator Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Valmet Main Business and Markets Served
7.10.5 Valmet Recent Developments/Updates
7.11 Nihon Koso
7.11.1 Nihon Koso Actuator Company Information
7.11.2 Nihon Koso Actuator Product Portfolio
7.11.3 Nihon Koso Actuator Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Nihon Koso Main Business and Markets Served
7.11.5 Nihon Koso Recent Developments/Updates
7.12 Air Torque
7.12.1 Air Torque Actuator Company Information
7.12.2 Air Torque Actuator Product Portfolio
7.12.3 Air Torque Actuator Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Air Torque Main Business and Markets Served
7.12.5 Air Torque Recent Developments/Updates
7.13 Fahlke
7.13.1 Fahlke Actuator Company Information
7.13.2 Fahlke Actuator Product Portfolio
7.13.3 Fahlke Actuator Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Fahlke Main Business and Markets Served
7.13.5 Fahlke Recent Developments/Updates
7.14 Changzhou Power Station Auxiliary Equipment
7.14.1 Changzhou Power Station Auxiliary Equipment Actuator Company Information
7.14.2 Changzhou Power Station Auxiliary Equipment Actuator Product Portfolio
7.14.3 Changzhou Power Station Auxiliary Equipment Actuator Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Changzhou Power Station Auxiliary Equipment Main Business and Markets Served
7.14.5 Changzhou Power Station Auxiliary Equipment Recent Developments/Updates
7.15 Tefulong
7.15.1 Tefulong Actuator Company Information
7.15.2 Tefulong Actuator Product Portfolio
7.15.3 Tefulong Actuator Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Tefulong Main Business and Markets Served
7.15.5 Tefulong Recent Developments/Updates
7.16 Hengchun
7.16.1 Hengchun Actuator Company Information
7.16.2 Hengchun Actuator Product Portfolio
7.16.3 Hengchun Actuator Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Hengchun Main Business and Markets Served
7.16.5 Hengchun Recent Developments/Updates
7.17 HKC
7.17.1 HKC Actuator Company Information
7.17.2 HKC Actuator Product Portfolio
7.17.3 HKC Actuator Production, Value, Price and Gross Margin (2020-2025)
7.17.4 HKC Main Business and Markets Served
7.17.5 HKC Recent Developments/Updates
7.18 Schiebel
7.18.1 Schiebel Actuator Company Information
7.18.2 Schiebel Actuator Product Portfolio
7.18.3 Schiebel Actuator Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Schiebel Main Business and Markets Served
7.18.5 Schiebel Recent Developments/Updates
7.19 SAIC
7.19.1 SAIC Actuator Company Information
7.19.2 SAIC Actuator Product Portfolio
7.19.3 SAIC Actuator Production, Value, Price and Gross Margin (2020-2025)
7.19.4 SAIC Main Business and Markets Served
7.19.5 SAIC Recent Developments/Updates
7.20 ProControl
7.20.1 ProControl Actuator Company Information
7.20.2 ProControl Actuator Product Portfolio
7.20.3 ProControl Actuator Production, Value, Price and Gross Margin (2020-2025)
7.20.4 ProControl Main Business and Markets Served
7.20.5 ProControl Recent Developments/Updates
7.21 Servovalve
7.21.1 Servovalve Actuator Company Information
7.21.2 Servovalve Actuator Product Portfolio
7.21.3 Servovalve Actuator Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Servovalve Main Business and Markets Served
7.21.5 Servovalve Recent Developments/Updates
7.22 Bonomi Industries
7.22.1 Bonomi Industries Actuator Company Information
7.22.2 Bonomi Industries Actuator Product Portfolio
7.22.3 Bonomi Industries Actuator Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Bonomi Industries Main Business and Markets Served
7.22.5 Bonomi Industries Recent Developments/Updates
7.23 Raga
7.23.1 Raga Actuator Company Information
7.23.2 Raga Actuator Product Portfolio
7.23.3 Raga Actuator Production, Value, Price and Gross Margin (2020-2025)
7.23.4 Raga Main Business and Markets Served
7.23.5 Raga Recent Developments/Updates
7.24 Soupaishi Automation Technology
7.24.1 Soupaishi Automation Technology Actuator Company Information
7.24.2 Soupaishi Automation Technology Actuator Product Portfolio
7.24.3 Soupaishi Automation Technology Actuator Production, Value, Price and Gross Margin (2020-2025)
7.24.4 Soupaishi Automation Technology Main Business and Markets Served
7.24.5 Soupaishi Automation Technology Recent Developments/Updates
7.25 OMAL
7.25.1 OMAL Actuator Company Information
7.25.2 OMAL Actuator Product Portfolio
7.25.3 OMAL Actuator Production, Value, Price and Gross Margin (2020-2025)
7.25.4 OMAL Main Business and Markets Served
7.25.5 OMAL Recent Developments/Updates
7.26 Itork
7.26.1 Itork Actuator Company Information
7.26.2 Itork Actuator Product Portfolio
7.26.3 Itork Actuator Production, Value, Price and Gross Margin (2020-2025)
7.26.4 Itork Main Business and Markets Served
7.26.5 Itork Recent Developments/Updates
7.27 Koei Industry
7.27.1 Koei Industry Actuator Company Information
7.27.2 Koei Industry Actuator Product Portfolio
7.27.3 Koei Industry Actuator Production, Value, Price and Gross Margin (2020-2025)
7.27.4 Koei Industry Main Business and Markets Served
7.27.5 Koei Industry Recent Developments/Updates
7.28 Mecanica Prisma
7.28.1 Mecanica Prisma Actuator Company Information
7.28.2 Mecanica Prisma Actuator Product Portfolio
7.28.3 Mecanica Prisma Actuator Production, Value, Price and Gross Margin (2020-2025)
7.28.4 Mecanica Prisma Main Business and Markets Served
7.28.5 Mecanica Prisma Recent Developments/Updates
7.29 Tomoe
7.29.1 Tomoe Actuator Company Information
7.29.2 Tomoe Actuator Product Portfolio
7.29.3 Tomoe Actuator Production, Value, Price and Gross Margin (2020-2025)
7.29.4 Tomoe Main Business and Markets Served
7.29.5 Tomoe Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Actuator Industry Chain Analysis
8.2 Actuator Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Actuator Production Mode & Process Analysis
8.4 Actuator Sales and Marketing
8.4.1 Actuator Sales Channels
8.4.2 Actuator Distributors
8.5 Actuator Customer Analysis
9 Actuator Market Dynamics
9.1 Actuator Industry Trends
9.2 Actuator Market Drivers
9.3 Actuator Market Challenges
9.4 Actuator Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Emerson
Rotork
Auma
Flowserve
ABB
Schumberger
Festo
Chuanyi Automation
BERNARD
Valmet
Nihon Koso
Air Torque
Fahlke
Changzhou Power Station Auxiliary Equipment
Tefulong
Hengchun
HKC
Schiebel
SAIC
ProControl
Servovalve
Bonomi Industries
Raga
Soupaishi Automation Technology
OMAL
Itork
Koei Industry
Mecanica Prisma
Tomoe
听
听
*If Applicable.